Digjam shines on opening two exclusive brand outlets in Andhra Pradesh

14 Sep 2012

Digjam is currently trading at Rs. 7.02, up by 0.04 points or 0.57% from its previous closing of Rs. 6.98 on the BSE.

The scrip opened at Rs. 7.25 and has touched a high and low of Rs. 7.29 and Rs. 6.97 respectively. So far 7104 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 9.95 on 04-Oct-2011 and a 52 week low of Rs. 6.11 on 21-Dec-2011.

Last one week high and low of the scrip stood at Rs. 7.29 and Rs. 6.70 respectively. The current market cap of the company is Rs. 61.35 crore.

The promoters holding in the company stood at 41.22% while Institutions and Non-Institutions held 15.98% and 42.80% respectively.   

Digjam, a textile manufacturer has inaugurated two new exclusive brand outlets in Attapur, Hyderabad and in Nizamabad district. With the opening of these two outlets it has now a total of seven outlets in Andhra Pradesh, of the total of 35 across the country.

The company aims to offer captivating backdrop for Digjam’s wide array of suiting collection and it is re-inventing itself to keep up with the changing textile trends by changes at facilities in Jamnagar, Gujarat. It involves expertise brought from France, Germany, Switzerland and Italy to convert wool tops to finished fabrics through different processes of dyeing, spinning, weaving and finishing.

Currently, Digjam has presence in the domestic market with manufacturing of over 3,000 design-shade combinations in blends. Recently, the company has introduced super-premium fabrics designed by European experts comprising fine wool yarn.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323